Ney Court Yorke Street & 25-28 High Street Wrexham LL13 8LW

  • Ney Court<br>Yorke Street & 25-28 High Street<br>Wrexham<br>LL13 8LW

Ney Court
Yorke Street & 25-28 High Street
Wrexham
LL13 8LW

Freehold Town Centre Mixed Use Investment

  • Comprises a restaurant, two selfcontained office suites and twelve residential flats
  • Two offices and four flats offered with vacant possession
  • Prominent town centre location
  • Close to Eagles Meadow Shopping Centre and pedestrianised Hope Street
  • Asset Management Opportunities
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot
    114
  • Auction
    13th October 2016
  • Rent
    £63,600 per Annum Exclusive
  • Status
    Withdrawn Post
  • Price
     
  • Sector
    Restaurant
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Squafre
    London W1H 7BG
  • On Behalf of a Major Fund Manager
Important Update
  • Expand
  • Photos
  • Map

* More information on the term "price" can be found here

Freehold Town Centre Mixed Use Investment

  • Comprises a restaurant, two selfcontained office suites and twelve residential flats
  • Two offices and four flats offered with vacant possession
  • Prominent town centre location
  • Close to Eagles Meadow Shopping Centre and pedestrianised Hope Street
  • Asset Management Opportunities
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot 114
  • Auction 13th October 2016
  • Rent £63,600 per Annum Exclusive
  • Status Withdrawn Post
  • Price  
  • Sector
    Restaurant
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Squafre
    London W1H 7BG
  • On Behalf of a Major Fund Manager

Property Information

Location
Miles
12 miles south-west of Chester, 32 miles south of Liverpool, 50 miles south-west of Manchester
Roads
A483, A534, M53, M56
Rail
Wrexham Central Railway Station
Air
Liverpool John Lennon Airport
Situation

The property is situated in a prominent corner position on the south side of the High Street at its junction with Yorke Street in the heart of Wrexham town centre. The property is close to pedestrianised Hope Street and Eagles Meadow Shopping Centre which houses retailers including Debenhams, Boots the Chemist, H&M, Next and Topshop/Topman. Other nearby occupiers include WH Smith, New Look, Bodycare, Nationwide and Ladbrokes.

Tenure

Freehold.

Location
Miles
12 miles south-west of Chester, 32 miles south of Liverpool, 50 miles south-west of Manchester
Roads
A483, A534, M53, M56
Rail
Wrexham Central Railway Station
Air
Liverpool John Lennon Airport
Situation

The property is situated in a prominent corner position on the south side of the High Street at its junction with Yorke Street in the heart of Wrexham town centre. The property is close to pedestrianised Hope Street and Eagles Meadow Shopping Centre which houses retailers including Debenhams, Boots the Chemist, H&M, Next and Topshop/Topman. Other nearby occupiers include WH Smith, New Look, Bodycare, Nationwide and Ladbrokes.

Tenure

Freehold.

Description

The property, a substantial mixed use development comprises a ground floor restaurant fronting the High Street, two self-contained ground floor office suites and twelve residential flats on the first and second floors.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property, a substantial mixed use development comprises a ground floor restaurant fronting the High Street, two self-contained ground floor office suites and twelve residential flats on the first and second floors.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Unit Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Review/(Reversion)
25-28 High
Street
Ground
&
Basement
Restaurant/
Ancillary
221.85 sq m
(2,388 sq ft)
INDIVIDUAL (t/a
Eastern Sheraton
Chinese Restaurant)
25 years
from
28/04/2006
£29,000 28/04/2021
28/04/2026
(27/04/2031)
2 & 3 Yorke
Street (North)
Ground Office
105.72 sq m
(1,138 sq ft)
VACANT      
Flat 1 First One bedroom
flat
Not Measured
INDIVIDUAL AST - From
10/12/2015
£4,800 (28/09/2016)
Flat 2 First One bedroom
flat
Not Measured
INDIVIDUAL AST - From
06/02/2015
£4,800 Holding over
Flat 3 First One bedroom
flat
Not Measured
INDIVIDUAL AST - From
11/08/2016
£4,800 (10/02/2017)
Flat 7 First Two bedroom
flat
Not Measured
INDIVIDUAL AST - From
27/03/2016
£5,400 (26/03
/2017)
Flat 8 First One bedroom
flat
Not Measured
INDIVIDUAL AST - From
29/03/2012
£4,800 Holding over
Flat 10 Second One bedroom
flat
Not Measured
INDIVIDUAL AST - From
17/08/2016
£4,800 (16/02/2017)
Flat 11 Second One bedroom
flat
Not Measured
INDIVIDUAL AST - From
10/02/2016
£4,800 Holding Over
Flat 12 Second Two bedroom
flat
Not Measured
INDIVIDUAL AST - From
16/04/2016
£5,400 (15/10/2016)
Flat 4, 5, 6, & 9 First and
Second
One bedroom
flats
Not Measured
VACANT      
Total Commercial Floor Area
327.57 sq m
(3,526 sq ft)
Plus12 Flats   £68,600  

Property Documents

  • Catalogue Page
    Updated Date
    21.09.16
    File Size
    722 KB
    View PDF
  • Site Plan
    Updated Date
    21.09.16
    File Size
    66 KB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Seller's Solicitors
Irwin Mitchell LLP 40 Holborn Viaduct, London, EC1N 2PZ
Andrew McGrath 0203 040 3433andrew.mcgrath@irwinmitchell.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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